Cars.com: Q1 Earnings Snapshot

CHICAGO (AP) _ Cars.com Inc. (CARS) on Thursday reported first-quarter profit of $4.3 million.

The Chicago-based company said it had net income of 6 cents per share.

The online automotive marketplace posted revenue of $158.2 million in the period.

For the current quarter ending in July, Cars.com said it expects revenue in the range of $161 million to $163 million.

Cars.com shares have declined 27% since the beginning of the year. The stock has decreased 9% in the last 12 months